The real economy...

[CAA Flagship]

This thread reminds me of the debates I’ve had with my BIL about the legal concept of materiality in financial reporting. Do you choose standard short-term quarterly financial data, or do you blend in “sustainability” measures of financial health that consider other factors like environmental and labor effects? Interesting stuff.

When in doubt, I choose "B".

[kalm]

This thread reminds me of the debates I’ve had with my BIL about the legal concept of materiality in financial reporting. Do you choose standard short-term quarterly financial data, or do you blend in “sustainability” measures of financial health that consider other factors like environmental and labor effects? Interesting stuff.

When in doubt, I choose "B".

Interesting indeed. But wouldn't that have you agreeing with article in the OP?

[Ivytalk]

When in doubt, I choose "B".

Interesting indeed. But wouldn't that have you agreeing with article in the OP?

The issue is always how you measure the “sustainability” variables of human and natural capital. There’s always an element of arbitrariness in it that, depending on the biases of the researcher, tends to overweight those variables. That’s something I learned in my Research Methods class last year. My BIL and I agree to disagree on the quantitative analysis.

[andy7171]

So combining your two posts are you saying that countries are purposely delaying or inhibiting affordable cancer drugs that are successful as part of their economic policy to inflate GDP? Which countries are doing that? Are we doing that here?

No. They weren’t meant to be combined.

[kalm]

Interesting indeed. But wouldn't that have you agreeing with article in the OP?

The issue is always how you measure the “sustainability” variables of human and natural capital. There’s always an element of arbitrariness in it that, depending on the biases of the researcher, tends to overweight those variables. That’s something I learned in my Research Methods class last year. My BIL and I agree to disagree on the quantitative analysis.

Good post.

Another example regarding human capital...

Let’s say you’re a teachers and social workers directional FCS school hamstrung by a small endowment and budget due to a lack of well healed donors. Despite lagging behind most of your conference peers in facilities, you’ve had tremendous success on the field.

You want to start a fundraising campaign. Do you upgrade your high schoolish stadium or invest in the salaries of coaches who were instrumental in bringimg you that winning in the hopes of keeping them around (at least little while longer)... and/or the ability to replace them with equally capable coaches and maintaining that sustained success?

Asking for a friend....

[Ivytalk]

The issue is always how you measure the “sustainability” variables of human and natural capital. There’s always an element of arbitrariness in it that, depending on the biases of the researcher, tends to overweight those variables. That’s something I learned in my Research Methods class last year. My BIL and I agree to disagree on the quantitative analysis.

Good post.

Another example regarding human capital...

Let’s say you’re a teachers and social workers directional FCS school hamstrung by a small endowment and budget due to a lack of well healed donors. Despite lagging behind most of your conference peers in facilities, you’ve had tremendous success on the field.

You want to start a fundraising campaign. Do you upgrade your high schoolish stadium or invest in the salaries of coaches who were instrumental in bringimg you that winning in the hopes of keeping them around (at least little while longer)... and/or the ability to replace them with equally capable coaches and maintaining that sustained success?

Asking for a friend....

The latter. Harvard’s head FB coach is called something like the Thomas Stephenson Family Head Coach for Harvard Football. You could endow the Jubilation T. Klam Family Head Coach for EWU Football! The rest will take care of itself.

Actually, I’d fund a new chair for your strong academic departments, or those that are on the cusp of greatness.

Example: Salisbury U (my grad school) is part of the University of MD system, but it’s not the “flagship.” But it does boast the second best conflict resolution program in the country, behind only George Mason in the national rankings. Hmmm...the Sebastian J. Ivytalk Chair of Mediation Science...